Tagged: climate change

Climate Startup Arbonics Secures €1.8M from Taavet Hinrikus, Plural

Arbonics, a climate tech start-up, is launching its “unique” data- and science-driven tool to make calculating the potential carbon income of land and forests quicker and easier for landowners in Europe “to help fight climate change.” Earlier this year, Arbonics raised €1.8M in a pre-seed… Read More

ING Tests Out Carbon Tracking App from Fintech Cogo

ING will be trialing a carbon footprint tracking app offered by Fintech firm Cogo with 350,000 mobile clients. The Footprint Insight feature is being made available to clients who currently use the bank’s Insight function, which groups their income and expenditure by spending category. Footprint… Read More

Coorest Receives Chainlink Grant to Develop dApp for Carbon Trading, Offsetting

With growing global concern around the climate emergency and unsustainable agricultural practices, many countries, enterprises, and startups are “collaborating to build sustainable solutions that tackle the harmful effects of climate change,” according to an update from Chainlink. At the forefront of the battle against climate… Read More

Office of Financial Research Pilots Data Hub to Help with Climate-Risk Assessments

The Office of Financial Research (OFR) announces the launch of its Climate Data and Analytics Hub pilot, which is a new tool “to help financial regulators assess risks to financial stability stemming from climate change.” This collaborative environment will “improve users’ access to public climate… Read More

MAS, Google Cloud Introduce Point Carbon Zero Program to Support Climate Fintech Solutions

The Monetary Authority of Singapore (MAS) and Google Cloud have jointly launched the Point Carbon Zero Program “to drive the innovation, incubation and scaling of climate FinTech solutions in Asia.” The Program is “a collaboration under MAS’ Project Greenprint and seeks to use climate FinTech… Read More

Ex- Bank of England Senior Advisor to Lead MetaVerse Green Exchange’s Climate Action in SE Asia

MetaVerse Green Exchange (MVGX), a digital “green” exchange licensed and regulated by the Monetary Authority of Singapore (MAS), announced the appointment of former Bank of England Senior Advisor Michael Sheren as President and Chief Strategy Officer (CSO) as the firm “strengthens its end-to-end suite of… Read More

Goodvest, which Aims to Build a Sustainable Investment Platform, Acquires €452,323 via Crowdcube

Goodvest, which is on a mission to build a “sustainable” investment platform committed to fight climate change: 100% personalized & transparent, has secured 187% (€468,760) of its €250,000 target from 379 investors through its crowdfunding campaign, carried out via Crowdcube. There are now 8 days… Read More

UK’s Investment Platform Tulipshare Partners with As You Know to Empower Retail Investors

As You Sow, a non-profit in shareholder advocacy and Tulipshare, a UK-based activist retail investment platform, recently announced a partnership “to empower retail investors globally to use their shareholder power in support of resolutions on climate, racial justice, and other pressing issues this proxy season.”… Read More

Net Zero: Telos Blockchain Claims it has Neutralized its Past and Present Carbon Footprint

Telos Blockchain (TLOS) is pleased to announce to the “billion-plus” global citizens that celebrate and embrace Earth Day that they now have a carbon-neutral smart contract option. Telos with the consulting aid of Plannet Zero, part of RedShaw Advisors Ltd, a carbon risk management and… Read More

UK’s NatWest Teams Up Edinburgh University on Climate Education Program

NatWest has announced a 3-year partnership with The University of Edinburgh Centre for Business, Climate Change and Sustainability. The £1.5 million partnership will aim to facilitate the delivery of a climate education program to 16,000 people across the NatWest Group by the end of 2024,… Read More

International Payments, Crypto-Assets, DeFi, Climate Change Now Key Priorities for Financial Stability Board

The Financial Stability Board (FSB) has released its work program for 2022. Priority areas of work and new initiatives, “including key deliverables to the G20 Indonesian Presidency,” are as follows: Supporting international cooperation and coordination on current financial stability issues. Against the backdrop of the… Read More

ESG Data Intelligence Company, Deepki, Secures €150M to Support Global Expansion, Help Real Estate Sector Address Climate Change

Deepki, which claims to be the only company in the world “offering a fully populated ESG data intelligence platform for the real estate sector,” has announced that it secured €150 million in a Series C round. As mentioned in the update shared with Crowdfund Insider,… Read More

Acting FDIC Chair Martin J. Gruenberg Reveals FDIC Priorities for 2022 Including Climate Change, Crypto-Assets

The Federal Deposit Insurance Corporation (FDIC) Acting Chair Martin J. Gruenberg released on February 7, 2022 the following statement and summary of the FDIC’s priorities for the coming year: “The FDIC’s core mission is to maintain stability and public confidence in the U.S. financial system…. Read More

CommerzVentures Report: Climate related Fintech Funding 3x Greater than all Previous Years

CommerzVentures, a “return-driven,” non-strategic venture capital investor, has shared a detailed report on climate Fintech, which covers venture capital funding for Fintech companies. The report reveals that in this sector, net-zero economies reached a record high last year. Surveying several climate Fintechs across European and… Read More

Australia’s Westpac Introduces ESG Training Program for Institutional Staff Members

Elaine Chuah’s conversations with clients are reportedly changing. Increasingly, the first topic is no longer loan products or interest rates – it’s ESG (or environmental, social and governance) issues. “Our clients are initiating conversations on this topic,” says Chuah, a relationship manager with Westpac Institutional… Read More

Fintech Adoption to Continue in 2022 with Financial Inclusion, Green Investments, Online Trading, Remittance Payments As Key Focus Areas

Financial services have become a lot more accessible, seamless, and user-friendly in the past decade due largely to the rise of innovative Fintech platforms throughout the world. Traditional banking service providers have launched their own digital transformation strategies in order to remain competitive in a… Read More

UK’s PensionBee Shares Latest Survey Results on Client Investment Preferences

UK’s online pension provider PensionBee notes that their clients take the lead on their product development. During the past few years, many clients have become “increasingly vocal about their desire to address some of the world’s biggest problems, such as climate change, through their investments,”… Read More

Norwegian Climate and Expense Management Developer Sonya Partners with Sweden’s Impact Tech Provider, Doconomy

Norwegian climate and expense management developer Sonya has reportedly entered a partnership agreement with Swedish impact technology provider, Doconomy. As noted by its management, Doconomy aims to “provide digital solutions to help us all live in a more sustainable way.” The company added: “We believe… Read More

Basel Committee Consults on Principles for Management, Supervision of Climate related Financial Risks

On November 16, 2021, the Basel Committee on Banking Supervision issued a public consultation on principles for the effective management and supervision of climate-related financial risks. This “follows the publication of a series of analytical reports earlier this year,” the update confirmed. As noted in… Read More

London Stock Exchange Group and Japan Exchange Group to Implement New Climate Indices

London Stock Exchange Group (LSEG) and the Japan Exchange Group (JPX) are expanding their partnership by implementing climate indices based on the TOPIX 500, which offers diversified exposure across Japan’s stock market. LSEG’s index division, FTSE Russell, JPX and the Tokyo Stock Exchange (TSE) are… Read More

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